Market Overview:
The global flexible rubber insulation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flexible rubber insulation in various applications, such as HVAC, plumbing, refrigeration, automotive, oil & gas and others. Additionally, the growing awareness about energy efficiency and rising concerns about environmental protection are also propelling the growth of this market. Based on type, the global flexible rubber insulation market is segmented into NBR based flexible rubber insulation, EPDM based flexible rubber insulation and chloroprene based flexible rubber insulation. Among these types, NBR based products are expected to dominate the global market during the forecast period owing to their properties such as resistance against heat and chemicals along with low cost. Based on application, HVAC accounted for majority share of total revenue generated by Flexible Rubber Insulation Market in 2017 followed by plumbing applications globally . However , automotive application is projectedto witness highest CAGR overthe forecast period due its growing demand from developing countries across Asia Pacific region . Regionally , North America was observed as largest Flexible Rubber Insulation Marketin terms of revenue contribution in 2017and itis projectedto maintain its dominance throughoutthe forecast period . Presenceof stringent government regulations related toprotectionof environmentand high adoption rateof advanced technologies are some key factors attributing towardsgrowthofthe regionalmarket .
Product Definition:
Flexible rubber insulation is a type of thermal insulation that is made from rubber or a synthetic rubber compound. It is used to protect pipes and equipment from heat loss or gain, and to prevent the formation of condensation. Flexible rubber insulation can be installed in a variety of ways, including wrapping it around the pipe, injecting it into an existing pipe, or pouring it into a cavity.
NBR Based:
NBR (Nitrile Butadiene Rubber) based flexible rubber insulation is a type of synthetic rubber that finds application in various end-use industries such as automotive, construction, and electrical. It is also referred to as nitrile rubber or acrylonitrile butadiene rubber. NBR has several beneficial properties such as high strength, abrasion resistance, good oil absorption capacity and it can be easily processed by injection molding and extrusion techniques among others.
EPDM Based:
EPDM is short for Ethylene Propylene Diene Monomer and it is a copolymer of propylene and ethylene, with rubber-like properties. It can be used as an alternative to natural rubber in various applications such as air conditioners, automotive parts, medical devices & equipment, footwear soles (in the manufacturing of flip flops), hoses & tubes.
Application Insights:
The market is segmented by application into HVAC, plumbing, refrigeration and automotive. The refrigeration segment held the largest share in 2017 owing to the increasing demand for energy-efficient products. Refrigerants are also required to be kept at a low pressure level inside the machine, which further increases its demand.
Automotive is expected to emerge as one of the fastest-growing applications over the forecast period due largely to flexible rubber insulation being used in various components including power steering hoses and window glazing seals.
Regional Analysis:
Asia Pacific was the largest market for flexible rubber insulation materials accounting for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period owing to high product demand from various industries including HVAC, automotive, oil & gas and others. Increasing infrastructural activities coupled with rising energy prices are anticipated to drive product demand in this region.
The growth of construction industry in emerging economies such as China and India on account of rapid urbanization is projected to boost product consumption across Asia Pacific. In addition, increasing automobile production mainly due to low manufacturing cost coupled with favorable government policies promoting domestic manufacturing is also likely contribute towards increased demand Flexible Rubber Insulation (FRI) products over the next eight years (2030).
North America accounted for a significant share owing to growing awareness regarding energy conservation along with stringent government regulations pertaining efficiency improvement in existing building structures such as air conditioning units.
Growth Factors:
- Increasing demand for insulation in the construction industry to meet energy efficiency regulations
- Rising demand from the automotive sector for insulation in vehicles and components
- Growing use of flexible rubber insulation in electrical equipment and appliances
- Proliferation of new applications for flexible rubber insulation in a variety of industries
- Technological advancements that improve the performance and durability of flexible rubber insulation
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Rubber Insulation Market Research Report
By Type
NBR Based, EPDM Based, Chloroprene Based, Others
By Application
HVAC, Plumbing, Refrigeration, Automotive, Oil & Gas, Others
By Companies
Armacell, K-FLEX, NMC, Zotefoams, Kaimann, Aeroflex, Union Foam, Thermaflex, Durkee, Huamei, Armacell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Rubber Insulation Market Report Segments:
The global Flexible Rubber Insulation market is segmented on the basis of:
Types
NBR Based, EPDM Based, Chloroprene Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HVAC, Plumbing, Refrigeration, Automotive, Oil & Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Armacell
- K-FLEX
- NMC
- Zotefoams
- Kaimann
- Aeroflex
- Union Foam
- Thermaflex
- Durkee
- Huamei
- Armacell
Highlights of The Flexible Rubber Insulation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NBR Based
- EPDM Based
- Chloroprene Based
- Others
- By Application:
- HVAC
- Plumbing
- Refrigeration
- Automotive
- Oil & Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Rubber Insulation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flexible rubber insulation is a type of insulation that is made from a flexible material. This type of insulation can be used in place of traditional rigid insulation materials, such as fiberglass or foam. Flexible rubber insulation is often used in cold climates because it can provide better thermal performance than other types of insulations.
Some of the major companies in the flexible rubber insulation market are Armacell, K-FLEX, NMC, Zotefoams, Kaimann, Aeroflex, Union Foam, Thermaflex, Durkee, Huamei, Armacell.
The flexible rubber insulation market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible Rubber Insulation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flexible Rubber Insulation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flexible Rubber Insulation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flexible Rubber Insulation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flexible Rubber Insulation Market Size & Forecast, 2020-2028
4.5.1 Flexible Rubber Insulation Market Size and Y-o-Y Growth
4.5.2 Flexible Rubber Insulation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 NBR Based
5.2.2 EPDM Based
5.2.3 Chloroprene Based
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 HVAC
6.2.2 Plumbing
6.2.3 Refrigeration
6.2.4 Automotive
6.2.5 Oil & Gas
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flexible Rubber Insulation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flexible Rubber Insulation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 NBR Based
9.6.2 EPDM Based
9.6.3 Chloroprene Based
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 HVAC
9.10.2 Plumbing
9.10.3 Refrigeration
9.10.4 Automotive
9.10.5 Oil & Gas
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 NBR Based
10.6.2 EPDM Based
10.6.3 Chloroprene Based
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 HVAC
10.10.2 Plumbing
10.10.3 Refrigeration
10.10.4 Automotive
10.10.5 Oil & Gas
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 NBR Based
11.6.2 EPDM Based
11.6.3 Chloroprene Based
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 HVAC
11.10.2 Plumbing
11.10.3 Refrigeration
11.10.4 Automotive
11.10.5 Oil & Gas
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 NBR Based
12.6.2 EPDM Based
12.6.3 Chloroprene Based
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 HVAC
12.10.2 Plumbing
12.10.3 Refrigeration
12.10.4 Automotive
12.10.5 Oil & Gas
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 NBR Based
13.6.2 EPDM Based
13.6.3 Chloroprene Based
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 HVAC
13.10.2 Plumbing
13.10.3 Refrigeration
13.10.4 Automotive
13.10.5 Oil & Gas
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flexible Rubber Insulation Market: Competitive Dashboard
14.2 Global Flexible Rubber Insulation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armacell
14.3.2 K-FLEX
14.3.3 NMC
14.3.4 Zotefoams
14.3.5 Kaimann
14.3.6 Aeroflex
14.3.7 Union Foam
14.3.8 Thermaflex
14.3.9 Durkee
14.3.10 Huamei
14.3.11 Armacell
